secwatch.observer — SEC 8-K summary
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Issuer:     BK Technologies Corp (BKTI)
CIK:        0000002186
Form:       8-K/A
Filed at:   2022-08-16T23:59:59+00:00
Accession:  0001654954-22-011446
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BK Technologies Q2 net loss $4.3M on $12.1M revenue; record bookings of $19M
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- Net loss $4.3M ($0.26/diluted) vs net income $1.8M ($0.14) in Q2 2021.
- Revenue $12.1M (+7% YoY); record bookings of $19M driven by BKR 5000 demand.
- Gross margin fell to 14% from 38% on component shortages and freight costs; expects improvement in H2.
- Unrealized loss of $602k on FG Financial investment vs $2.3M gain a year ago.
- Working capital $17.4M (down from $25.2M year-end 2021); SaaS application launch expected Q4 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2186/000165495422011446/0001654954-22-011446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2186/000165495422011446/bkti_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-011446

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer